All news – Page 6827
-
News
Delta swallows Atlantic as US regional
Paul Lewis/WASHINGTON DC The US regional airline industry is poised to undergo further consolidation following Delta Air Lines' announced acquisition of partner carrier Atlantic Southeast Airlines (ASA). Delta's $700 million purchase of ASA Holdings will boost its share of traffic in the south-eastern USA, and consolidate an already dominant position ...
-
News
Air France/Iberia share deals successful
Shares in Air France began trading on 22 February and were expected to rise by up to 10% following an over-subscribed partial privatisation which is described by consultants to the offering as "a big success". British Airways (BA) and American Airlines have meanwhile agreed the terms of their long-awaited ...
-
News
Inmarsat decides on privatisation date
Internationally owned mobile satellite communications provider Inmarsat is to be privatised on 15 April. The new company will be based in London and will initially be governed by a chief executive and 13 non-executive directors. Inmarsat is owned by a co-operative of 86 member countries, and a letter inviting ...
-
News
Mergers
– Miami-based cargo carrier Fine Air has agreed to buy fellow freight specialist Arrow Air, also of Miami, for $115 million. Both airlines provide scheduled and ACMI services, with Fine Air generating $116 million in revenues during its last financial year and Arrow, a subsidiary of International Air Leases (itself ...
-
News
Trans World still making a loss after a decade
Trans World Airlines (TWA) says that it remains pledged to slimming down its operations after sustaining a tenth successive net loss in 1998. The company ended the year $120.5 million in the red and lost $79.1 million net in the last quarter alone. The St Louis, Missouri-based carrier blames ...
-
News
European knots
After a long wait, France has finally resolved its internal defence and aerospace industry consolidation headaches. But in merging state-owned Aerospatiale with Matra Hautes Technologies to create Europe's second largest aerospace and defence group, making it fifth largest in the world, bets now appear to be off for the bigger ...
-
News
Dasa study finds An-70 could meet European airlifter requirement
Andrew Doyle/MUNICH DaimlerChrysler Aerospace (Dasa) has revealed details of its technical evaluation of the Antonov An-70 medium transport, which is being studied as an alternative to the Airbus Military Company's A400M (formerly Future Large Aircraft) by Germany, France, Italy and Spain. The manufacturer concluded it would be technically ...
-
News
Air defence centres are commissioned
The Czech Republic and Hungary have commissioned two Lockheed Martin-built Air Sovereignty Operations Centres (ASOC), the centrepiece of a multi-national air defence system upgrade and the first of seven such centres to be established in the Czech Republic, Hungary, Poland and Romania in the next two years. The Hungarian ...
-
News
Cyprus in final talks on S-300 deployment
Talks aimed at finalising details of a plan to deploy a Russian-built S-300 long-range air defence missile system on the Greek island of Crete were undertaken by Cypriot defence minister Yanniakis Chrysostomis during a visit to Moscow on 15 February. "My visit to Moscow has to do with the ...
-
News
Israel to upgrade Croatian MiGs
Arie Egozi/TEL AVIV Israel Aircraft Industries' (IAI) Lahav division and Elbit Systems are to upgrade 30 Croatian air force Mikoyan MiG-21bis aircraft, following the signing of a framework deal on 15 February in Tel Aviv by the Israeli and Croatian defence ministers. The two Israeli companies will negotiate ...
-
News
Merlin heads for amphibious support role
GKN Westland has proposed an upgrade of the EH101 Merlin helicopter to carry higher weight, as part of a growth plan partly devised to meet the UK requirement for a Future Amphibious Support Helicopter (FASH) replacement for the Royal Navy Commando force's Sea King HC4. The FASH requirement is likely ...
-
News
Greek attention turns to attrition
Lockheed Martin and Dassault are to submit revised proposals for a smaller attrition sale of F-16C/D or Mirage 2000-5 fighters to the Greek Government, following its announced long term intention to join the Eurofighter consortium and order the EF2000 Typhoon. Greece made a verbal commitment to ordering the Typhoon on ...
-
News
Longbow hums
GKN Westland Helicopters has selected Strategic Technology Systems as the preferred Health and Usage Monitoring System (HUMS) supplier for the UK's WAH-64 Apache helicopter. A formal contract award is expected by May. The WAH-64 HUMS is based on Strategic Technology's Maintenance Data Recorder. Source: Flight International
-
News
JASSM prepared for initial flight testing
Ramon Lopez/ORLANDO Lockheed Martin officials are preparing for the first flight test of the stealthy Joint Air-to-Surface Stand-off Missile (JASSM), planned for early March. The evaluation of the JASSM, which bears the US military designation AGM-158, will take place at an undisclosed US military test range, say project ...
-
News
USA mounts new bid for NATO JSTARS
Northrop Grumman has supplied data on Joint Surveillance Target Attack Radar System (Joint STARS) derivatives to the USAir Force programme office as part of a revised proposal to sell the system to NATO for the Alliance Ground Surveillance (AGS) project. The next NATO Conference of National Armament Directors, scheduled ...
-
News
Mil begins upgraded Mi-24M flight tests
Alexander Velovich/MOSCOW The Russian army has embarked on a trial upgrade programme for its Mi-24 attack helicopters, in apparent recognition that it is unlikely to ever acquire meaningful numbers of the advanced Mi-28 or Ka-50 attack helicopters. The first Mil Mi-24M modernised combat helicopter made its first two test ...
-
News
News in Brief
Patriot tie-up Lockheed Martin Vought Systems and DaimlerChrysler Aerospace (Dasa) have established a joint venture, to be called Air Defense Systems, to manufacture missile components, as part of the offset deal tied to Germany's purchase of the US firm's Patriot Advanced Capability-3 (PAC-3) system. The venture will carry out ...
-
News
Sukhoi to modernise Polish Su-22s
Poland has signed an agreement with Russian arms export agency Rusvooruzhenie and Sukhoi to upgrade 15 of the air force's Su-22 attack aircraft. Upgrade of a further 50-60 of the Polish air force's 100-strong fleet is also possible. The agreement has been signed by Sukhoi and the Polish Bydgoszcz ...
-
News
News in Brief
Swiss rapier Matra BAe Dynamics has signed a £50 million ($83 million)deal with Switzerland for a mid-life upgrade of the Swiss air force's Rapier short-range surface-to-air missile. The upgrade includes improvements to the acquisition and tracking radar and software enhancements. Warning win Tenix Defence Systems has awarded ...